Dept. of Trans.       SEMI-FINAL   Serial No.  Contract No.                             
                                          08-337-08-43  06-0H8404                       
                PROGRESS PAYMENT VOUCHER  %complete:   %time:                           
Location:                                 100%         100%                             
06-KER-58-77.3/107.6                    Federal Project:                                
                                     NONE                                               
                                                                                        
                                                                                        
Progress payment No. 06            Payment period ending: 11-03-08                      
GRANITE CONSTRUCTION COMPANY                                                            
P O BOX 50085                                                                           
WATSONVILLE CA 95077                                                                    
                                                                                        
                                                                                        
Escrow No.  00000                                                                       
                                    Total Estimate   This Estimate                      
1. Contract Itms Without Mobil.       8,337,786.00            0.00                      
2.a. Extra Work                           6,700.00        6,700.00                      
  b. Adjustment Comp.                   186,268.28      -54,998.77                      
3. Materials on Hand                                                                    
4. Earned Subject to Retention        8,530,754.28      -48,298.77                      
5. Mobilization                                                                         
6. Total Work Completed    8,530,754.28                                                 
7. Deductions                                 0.00       10,000.00                      
8. a.Contract Retentions               -428,760.05            0.00                      
   b. Unsatisfactory Prog.                                                              
   c. Reduction after 95% Comp.         428,760.05            0.00                      
9. Total pay to Contractor            8,530,754.28      -38,298.77                      
10. Reduction Amt to Escrow                                                             
11. Payment to Escrow             0.00                                                  
12. Net Pymt. this Estimate                             -38,298.77